Today, Alberta carries a sustained budget deficit of $10.64b (FP, GoA), at about 10% unemployment rate, and Calgary, once the fastest growing city in Canada sits at 30% office vacancy rate and 7% residential vacancy rate (25Y all time high). The question is that will Calgary become like Detroit? Has Canadian oil and gas […]

The commodity price violation has two sides. One side is the economics of supply-demand, and the other side few wild cards that can surprise the market over night! You need a magic ball to forecast the oil price and guess whether we have passed the bottom or not. Quite a few investment bankers foresee a […]

The world didn’t come to an end in 22nd of December 2012 as some interpreted from Mayan’s calendar, but we observe that the human kind is entering into a new era, an era of collective thinking. Perhaps without doubt the Internet was the first and the biggest example of it and surely provided a backbone […]